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Malibu council endorses $395 million SMMUSD bond for Malibu-only facilities improvements
Summary
The council unanimously approved a resolution supporting the Santa Monica–Malibu Unified School District’s $395 million general obligation bond (Malibu-only portion) to appear on the Nov. 5 ballot; speakers representing the measure emphasized local oversight and audits and said all funds would remain in Malibu.
The Malibu City Council voted unanimously on Sept. 23 to endorse a Santa Monica–Malibu Unified School District general obligation bond measure that would place $395 million on the Nov. 5 ballot for capital improvements serving Malibu schools.
Staff presented a short report noting the bond is limited to the Malibu facility improvement district, requires a 55% voter threshold, and would fund…
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